Set up and process trade notes receivable

Trade notes receivable (TNRs) are documents received from a customer with the commitment to pay the amount due after a certain period of time (a promissory note). If you create a TNR, the open invoice entry is replaced with the payment document. Such TNRs can be endorsed or discounted. For the appropriate setting up and processing of the trades notes receivable, refer to the following topics:

• Setting up the trade notes receivable
• Processing trade notes receivable